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Posted almost 7 years ago

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The Securities and Exchange Commission (SEC) regulates public companies. The SEC has found that some of these companies have violated GAAP by using creative accounting practices to mislead investors and creditors regarding the health of their company. Use the Internet or Strayer Library to research a recent accounting scandal within the last five (5) years where the SEC accused public companies of accounting irregularities. Write a three to four (3-4) page paper in which you: 1. Analyze the audit report that the CPA firm issued. Ascertain the legal liability to third parties who relied on financial statements under both common and federal securities laws. Justify your response. 2. Speculate on which statement of generally acceptable auditing standards (GAAS) that the company violated in performing the audit. 3. Compare the responsibility of both management and the auditor for financial reporting, and give your opinion as to which party should have the greater burden. Defend your position.   4. Analyze the sanctions available under SOX, and recommend the key action(s) that the PCAOB should take in order to hold management or the audit firm accountable for the accounting irregularities. Provide a rationale for your response. 5. Use at least two (2) quality academic resources in this assignment. Note: Wikipedia and other Websites do not qualify as academic resources. Your assignment must follow these formatting requirements: Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions. Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length. The specific course learning outcomes associated with this assignment are: Analyze the required generally accepted auditing standards, professional ethics, and legal liability of the auditor. Assess how the Sarbanes-Oxley Act has affected auditing. Evaluate an audit report. Evaluate objectives for conducting audits, and compare management’s and auditors’ responsibilities. Use technology and information resources to research issues in auditing. Write clearly and concisely about auditing using proper writing mechanics
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100% COMPLETION RATE IN WRITING WITH 270+ PROJECTS. PLAGIARISM free work. Hello Sir/ Ma’am I am a result oriented and highly versatile professional writer and researcher having 4+ years of experience. I am a PhD writer and providing services since 5+ years. Satisfaction is my top Priority.I am expert in the fields below Research Writing, Academic Writing, Technical and Report Writing, Medical Writing, Business Writing, Business Analysis, Financial and Marketing, Electrical Engineering writing. I am very open and find pleasure to write on any kind of topic and also expert in Thesis & Dissertation Writing. You can check my profile and client’s feedback for your satisfaction. Having much knowledge about MLA, APA, Harvard, IEEE format. The project bid is negotiable and P.M for sample work. Thanks
$150 USD in 3 days
4.8 (244 reviews)
7.1
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Research writing is my area of expertise; I am confident about. I guaranty professional quality work with surety of flawlessness on pertinent technical information. I mobilize all my resources to bring about a perfect technical paper just according to the requirement of the client; quality and perfection is my commitment. Intelligent, Experienced,Quality, recently joined freelancer, have excellent writing and grammar skills. With past employers, I have written many objective reports, articles, reviews and data input. I am 100% committed to deadlines, and have an acute eye for detail. I look forward to working with you.
$25 USD in 10 days
4.9 (127 reviews)
6.9
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Dear Valued Employer, I can add value to your project, by suggesting new ideas. I am fast and reliable. For further understanding why I am the right firm for your project, kindly check my profile, reviews, rating and portfolio. With over 8 years of cross-functional experience, and helping clients world wide with diversify team, I provide genuine and innovative solutions as per your circumstances and requirements. I am MBA-Finance, M.A-Economics, and Qualified Chartered Accountant. If you feel to discuss more before you award me the project, you can send me the message. Kind regards, Rakesh
$100 USD in 10 days
5.0 (48 reviews)
5.9
5.9
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Dear Hiring Manager, I will put my long-term content strategy into action to create top-quality content for you according to your needs. Considering your unique needs in mind, I will create a detailed strategy to give your prospects a stream of fresh content so you can gradually build authority in your niche. Regards Thanks & regards Deepak Sharma
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